The European Securities and Markets Authority (ESMA) issued an opinion on Tuesday, supporting the Dutch financial markets regulator’s proposal to impose restrictions on the retail sale of Turbo certificates, which is a widely used investment instrument in some European markets. Turbos are similar to contract for differences (CFDs) in many aspects: both are leveraged investment products. However, turbos have a […]

In 2021, it seems that crypto is almost everywhere you look. Finance? Well, yea, of course, but sports? There is crypto. Art? Crypto is there too. Travel, solar energy, and elections? Crypto, crypto, crypto. Cryptocurrency is also playing an increasingly large role in the world of eCommerce merchants. Crypto is not new to e-commerce, certainly; however, now that more investors […]

Earlier this week, a Bank of America survey found that American hedge fund managers favor Bitcoin (BTC) over tech, but Goldman Sachs’ poll with the Asian chief investment officers tells a different story. Goldman Sach Global Investment Research published a new survey polling 25 chief investment officers from different hedge funds. The results show that Bitcoin is the least favorite […]

Answering the calls for greater scalability and affordability, Polygon is aiming to become the definitive L2 solution for Ethereum by helping improve interoperability between chains, all while raising transaction throughput in a secure, accessible, and inclusive manner. Low-Cost Scalability Arrives From Polygon As DeFi Demands Climb Despite being the blockchain platform of choice for dApps and DeFi, Ethereum faces limitations […]

Visa, the US-based financial services firm, announced yesterday that the company has formed a strategic partnership with Goldman Sachs, one of the largest American investment banks, to support clients in an effortless movement of money from different parts of the world. According to the press release, Visa has collaborated with Goldman Sachs Transaction Banking to transform treasury operations for the clients […]

With regulated decentralized finance (reg-DeFi) becoming a topic of discussion within and outside the crypto space, the World Economic Forum (WEF) has published a policy toolkit on DeFi. According to a release issued on Tuesday, the toolkit seeks to provide useful guidance for regulators and government policy-makers concerning DeFi regulations. The WEF reportedly partnered with the Blockchain and Digital Asset […]

Cardano price is struggling to hold gains above $1.50 against the US Dollar, similar to bitcoin. ADA price remains at a risk of a sharp decline towards the $1.20 support level. Cardano Price Analysis This past week, cardano price made an attempt to clear the $1.90 and $2.00 resistance levels against the US Dollar. The ADA/USD pair failed to continue […]

MicroStrategy Inc (NASDAQ: MSTR) has decided to hoard more Bitcoins and is intending to sell $400 million worth of senior secured notes in a private offering to institutional buyers. The notes will be due in 2028, and the claims will be guaranteed by the business and ‘any bitcoins or other digital assets’ which the company will acquire after the closure […]